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20121205
20121205
Search Results 0 to 11 of about 12 (some duplicates have been removed)
with modest gains. europe holding onto gains and china up nearly 3% over night as shanghai catches a break. our road map begins with a $20 billion deal. freeport mcmoran getting into the energy business making two acquisitions. plains exploration and mcmoran exploration. >>> concerns over the u.s. economy as adp misses estimates. the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal. as i've been telling you we'll see a lot of big deals -- i was wrong. here we are. freeport mcmoran buying not one but two companies. the combined price if you add it all together gets close to $20 billion. that does include debt. let's go through some of the details. it's somewhat complex. let's
him. five republican votes short of the 66 needed. conservatives say countries like china with a poor human human rights record would get a pass. >> what it does do is allow their leaders to falsely present themselves as forward leaning on disabled rights. >> no. >> reporter: and for some no votes, politics. the risk of a gop primary challenge got in the way. >> to vote for anything that is even perceived to be granting the u.n. power is a dangerous game for republican senator. because the urn is so unpopular among the republican base, they could be asking for a challenge for fr their ideological right come 2014. >> and that was kelly o'donnell reporting. >>> now to the pre-nomination fight over the next secretary of state. the president says he has not made a decision yet, but he insistses continued criticism of u.n. ambassador susan rice will not affect his choice. >> have republicans' attacks against susan rice sort of boxed you into a corner, would it look like a sign of weakness if you did not appoint her to secretary of state? >> no, i don't really spend a lot of time on what fo
phone, nokia announced a deal with china-mobile to sell its top lumia smartphone in china. shares of nokia jumped 12.8%. volume was very heavy as shares sit at a seven-month high. meantime, banking stocks were in focus thanks to the job cuts announced at citigroup. bank of america joined in the rallyitesh shar closing with a double-digit handle. with b. of a. finishing the session at $10.46, it's the first close over $10 per share since july 2011. also helping the financial sector: insurance companies.sh two of them released their esatim of how much hurricane sandy will cost them. travelers figures the storm wilt cost it $650 million. hartford pegged its storm losses a analysts say the companies can absorb the impact. both stocks were higher. travelers rallied 4.9%, closing less than one dollar away from a new 52-week high. hartford added 2.9%. drug giant pfizer had encouraging news on an experimental breast cancer drug. with up to $6 billion in potential global sales, the stock rallied. shares jumped 1.9% on heavier than usual volume. while the breast cancer drug tests were positive, any
in europe a year ago versus today, particularly exporters with china maybe turning a little bit. i just think an awful lot of money has left that area. if any of it starts moving back, and maybe that's what we're seeing, it's a nice place to be. the trick is you have to be there before the turn. >> hey, bill. >> yeah, rick? >> with citigroup cutting 11,000 jobs, austerity makes their stock run up. i'd like to know what our guests think if many of the others are going to be cutting. investors found something golden in those cuts. >> it's true because the stock goes down real quick. you like the financials? >> we're kind of agnostic. sorry, maria. >> sounds like you don't like them. >> we're underweight. >> mark, quickly. >> we are underweight financials. we've moved to more of a neutral weight. citi is one of the names we're overweight. it's a shame for the folks who have lost their job, but it's a nice move today. >> 7.5%. bank of america, 6%. thanks, guys. >> thank you very much. see you later. as a matter of fact, the financials are leading us higher. we're near the highs of the sessi
say it was china that got it started, but it was interrupted by president obama. nicole: why do you think december, traditionally, we know for a fact, december is the best performing month since the year 1950. >> it is the end of the year. windowdressing. money pouring in that may have missed the market already. it is also self-fulfilling prophecy. all of those add up to the same reason. it is also the retailers posting their seasonal sales, etc., etc. that would be most of the main drivers. nicole: there is optimism here on wall street. of course, everyone waiting on the fiscal cliff here in washington. have yourself a very merry christmas. they did a great job. tracy: we have to get that on air. ashley: great voice, also. thank you. see you in 15 minutes. tracy: president obama focusing on keeping the entire country from going over the fiscal cliff. one person directly asking the president for a bailout. gerri willis has the latest. gerri: she says they are owed. wayne county voted 75% for the president. listen to this. >> our people, overwhelmingly, supported the president. there
of china. the new leadership saying wle do whatever it takes to maintain solid economic growth. the shanghai composite up nearly 3% today. that boosted retail stocks. we also had a spanish bond auction, prefunding for 2013. got nearly the 4.5 billion they wanted. yields in spain. the ten-year did come lower on that auction, so not a bad result. and bid to cover was okay. so spanish yields slightly higher after that. didn't raise the maximum amount. that's where we stand. it's another cautious day under way in europe. back to you guys. >> might get my haircut like hers, ross. you know, that anna wintour. that bizarre -- do you think you can manage it? >> a page boy. >> you think you carry that one? >> you'd look awful. >> you know what? we're going to do it. >> you're asking these guys to put me -- >> you'd look good in that one from "dumb & dumber." >> yeah. i make that sound. the most annoying -- you want me to do that? >> no, we don't. >> morgan stanley is trying to bolster lending. some advisers are said to have left the firm due to a lack of lending capacity. you didn't bar
our country now has infrastructure that's not as advanced as china, singapore and so many other places. those are investments that we can make now, putting jobs to work now, putting people to work now and also that will lead to long term growth. of course, we got to find out how we pay for it. >> governors, thank you both very much. i appreciate you joining me tonight. >> thank you. >> thanks. >>> i now want to bring in a man who says president obama's plan would create jobs and cut the deficit. he's democratic congressman chris van hollen, maryland, ranking member of the house budget committee. welcome to you, sir. you said today -- >> good to be with you. >> good to be with you, too. we're in the fourth quarter as we approach the fiscal cliff. if we can deliver like rg iii delivers, we'll be doing well. the question i would ask is why the hell are we in the fourth quarter? why wasn't this done in the first quarter? >> well, piers, as you know, there were a number of efforts before the election to get this done and there were major differences between the parties, and those parties be
.wgbh.org erer stocks fell on worries that china might... announcer: the new pbs for ipad app. you'll never know what you'll find. [dog barks] announcer: available now in the app store.
's oil credit lines with china. the final touches are still being made. but there are highways without cars. schools with no pupils. it feels like a ghosttown. we eventually found someone who had bought a flat. >> so you live in this apartment building? which -- where is your apartment? on the seventh floor. wow. and this building, is it completely filled? >> no, no. >> translator: no. we have through residents in this building. three apartments occupied. >> reporter: is it strange to be in a huge building with only three -- >> translator:ure right. it's a bit change, you know, especially sometimes when i don't have friends, family over who may be tempted to say maybe i should stay in the city, but for all other purposes, it's quite ideal. >> reporter: this economics professor at angola's catholic university says this $3.5 billion project is misguided sfwloosh is it a vanity project? >> yes, maybe. maybe. we are looking through this project as a political project. the housing there is very -- is still very, very, very high in terms of costs, and i think there is a lot of -- to sell the
and china. john fund, coauthor of the book "who's counting." you want a raise? you want a clerical worker? the money is pretty good. $87,000 a year. $105,000 with a compensation package. one of the top u.s. blue collar jobs. >> the outrageous thing about this strike is this. the port owners were willing to say all the clerks will have lifetime employment. but if someone retires we want the flexibility to move their job around or eliminate their position and the union said no. these clerks basically still use paper invoices to make sure the cargo moves clearly. a lot of that can be automated. these jobs, $165,000 are apparently forever. as a result of that we had this unnecessary strike and it cost a billion dollars a day and the price of toys may go up on christmas. >> this was not about benefits, vacation or pensions or salary. it was about the job of these clerks monitoring the port car go and their jobs are going to be guaranteed for life. but they wouldn't be allowed to replace them or eliminate those jobs once they retired. bill: so the debate was about what happens in the future. if
client doesn't know where these bones came from. they could have come from china. we have to rely on what the diggers tell us. if you go to the government side they say we have pictures of him on the scene and his own documentation say they are from mongolia. on the customs thing he said his is a bunch of broken old bones and lizards i'm shipping from the great britain and worth $15,000. there's a credibility issue that will be examined at trial. >> bring some of that water for charlie and i back that you're drinking down there. >> certainly will. >> thank you. every year america's original dictionary addition out the word of the year. there's something different. mr. ram why did i switch to natural instincts? it's healthier, and the only one clinically proven. with aloe, vitamins, and no ammonia. my hair looks healthier than before i colored. i switched. you can too, to natural instincts. ♪ with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoske
Search Results 0 to 11 of about 12 (some duplicates have been removed)